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Loan Officer Salary Information in Georgia

The average annual and hourly salaries for loan officers in the state of Georgia are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among Georgia metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Loan Officers in Georgia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$31,360
25th Percentile Wage
$38,300
50th Percentile Wage
$58,810
75th Percentile Wage
$86,890
90th Percentile Wage
$141,090

Table 1 shows the average annual salary for loan officers in Georgia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $141,090. The median (50th percentile) annual salary is $58,810. The average annual salary for the bottom 10 percent is $31,360.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$15.08
25th Percentile Wage
$18.41
50th Percentile Wage
$28.27
75th Percentile Wage
$41.77
90th Percentile Wage
$67.83

Table 2 shows the average hourly salary for loan officers in Georgia in 5 percentile scales. The average hourly salary for the 90th percentile is $67.83. The median hourly salary is $28.27. The average hourly salary for the bottom 10 percent is $15.08.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of loan officers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201658,8100.37%4.20%
201558,5901.88%-
201457,4907.20%-
201353,350-5.60%-
201256,340--

Table 3. Median Annual Salary of Loan Officers in Georgia Cities

Table 3 shows the median annual salary of loan officers in some Georgia cities and metropolitan areas. We note that the median annual salary of loan officers in state of Georgia ranges from $31,170 to $84,160. The highest paying area for loan officers in Georgia is Athens-Clarke County with a median annual salary of $84,160. The second highest paying city/area in Georgia State is Gainesville (mean annual salary $71,650). The lowest paying area is Dalton with a median annual salary of $31,170.

Cities/Areas Median Annual Salary
Athens-Clarke County
$84,160
Gainesville
$71,650
Atlanta-Sandy Springs-Marietta
$61,670
Middle Georgia nonmetropolitan area
$61,410
Savannah
$60,220
Macon
$59,890
South Georgia nonmetropolitan area
$57,670
Rome
$53,400
Brunswick
$52,430
Columbus
$51,040
Warner Robins
$49,620
East Georgia nonmetropolitan area
$49,000
Valdosta
$48,490
North Georgia nonmetropolitan area
$44,870
Albany
$44,230
Dalton
$31,170


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